Latest Federal & Government Contracting Companies' News Coverage
Lockheed Martin is set to commence low-rate initial production of the Joint Air-to-Ground Missile after the Defense Department issued a milestone C decision on the system. DoD’s defense acquisition board announced through a memorandum the LRIP approval for the JAGM program after months of flight tests that evaluated the missile technology against performance envelope and […] More
Lockheed Martin has received Milestone C approval to transition the Sikorsky-built CH-53K King Stallion helicopter to the low-rate initial production phase. Lockheed said Tuesday the CH-53K aircraft was granted the approval after it completed production readiness reviews and initial operational assessment by the U.S. Marine Corps in October 2016. The helicopter also completed its Defense Acquisition […] More
The Defense Department is set to assess whether to approve a $29 billion program to buy 200 heavy-lift cargo helicopters from Lockheed Martin for use by the U.S. Marine Corps, Bloomberg reported Monday. Anthony Capaccio and Julie Johnsson write the defense acquisition board will meet Thursday to decide on the proposed low-rate production of 24 Sikorsky-built […] More
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